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Dec 31, 2012
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the first family remains in hawaii for the christmas holiday vacation and the president returned mid-week last week and spending much of the weekend in negotiations and try to push his message and he made an appearance yesterday on nbc's "meet the press." the house remains in recess with a statement from the house republican whip kevin mccarthy who asked members to stay flexible saying that today's schedule remains fluid and members are advised to remain close to the capital. votes are possible pending action from the senate, please stay as flexible as possible. our phone lines are open so tell us what you think about all this as we approach, within 10 hours of the fiscal cliff deadline, no timetable on when votes would happen in the senate and later in the house. congress is taking up to the last second. it could be well into the evening if anything happens. you can also join the conversation on our facebook page. what is your message to washington -- forge a compromise or go over the cliff? let's get to your phone calls. we have a caller from norfolk, virginia. caller: good afternoon. i
the first family remains in hawaii for the christmas holiday vacation and the president returned mid-week last week and spending much of the weekend in negotiations and try to push his message and he made an appearance yesterday on nbc's "meet the press." the house remains in recess with a statement from the house republican whip kevin mccarthy who asked members to stay flexible saying that today's schedule remains fluid and members are advised to remain close to the capital. votes...
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Dec 31, 2012
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but also hawaii, a big percent comes from defense spending. the green is nondefense. ala kass, new mexico, kentucky. so we talk about $620 billion being spread across the economy that will be individual hits to individual states and individual people that will be hit harder if this qulif does take effect. >> some sobering numbers. >>> the phrase that got the most nominations on the list of words to be banished, fiscal cliff. so we want to know what other phrases should be banned and why? tweet us. we have your responses coming up next. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. it's no wonder so many investors are saying... i've always kept my eye on her... but wit
but also hawaii, a big percent comes from defense spending. the green is nondefense. ala kass, new mexico, kentucky. so we talk about $620 billion being spread across the economy that will be individual hits to individual states and individual people that will be hit harder if this qulif does take effect. >> some sobering numbers. >>> the phrase that got the most nominations on the list of words to be banished, fiscal cliff. so we want to know what other phrases should be banned...
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Dec 29, 2012
12/12
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in hawaii, they mentioned he is lazy because he is from hawaii. i am wondering if he spends all his time campaigning. host: it sounds like he might spend time there because it is warmer than washington, d.c. caller: he does not work that much. when he was in chicago in the senate, in the illinois senate, he did not work that hard. he was only marked present. i did not believe that. now i see the way he operates. he does not seem to be doing his job. that is why he spent $6 trillion, more than any of the president. i am concerned about where he is going and why he does not lead. he gives it up to other people. i do not want to be mean about it. i am very concerned as a citizen on why should be paying more in taxes because he does not want to get into the fight. guest: president's work very hard. president obama worked tremendously hard. george w. bush worked tremendously hard. it is one of the most difficult job there is. presidents work round-the-clock. it is not accurate to say they are not governing when they are campaigning. it is more accurate
in hawaii, they mentioned he is lazy because he is from hawaii. i am wondering if he spends all his time campaigning. host: it sounds like he might spend time there because it is warmer than washington, d.c. caller: he does not work that much. when he was in chicago in the senate, in the illinois senate, he did not work that hard. he was only marked present. i did not believe that. now i see the way he operates. he does not seem to be doing his job. that is why he spent $6 trillion, more than...
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Dec 29, 2012
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. >> we did a show from hawaii. >> i don't really remember much about hawaii. maybe i had one too many pina coladas. >> we work very hard here. >> yeah. >> i always. there was something magical about taking the show on the road. >> the aussies on one side, the usa on the other. >> our knockoff version of "where in the world is matt lauer." >> the idea is we wouldn't know where each other were going. >> thoughts? >> are you in venice? >> mine was las vegas. and the venetian hotel had gondolas and canals. we were trying to fool them into believing his gone to venice. >> i thought, did he really get to go venice? if you're in venice, i'm going to be mad. >> it was the best part. the look on her face was like, what, i'm in new orleans, he's in italy. are you kidding me? >> we just had fun. ♪ >> high. kick high! ♪ >> new york city! [ applause ] >> the producer at the time said, you know, you play bass. yeah. and somehow they worked it out so i was able to play with captain and toneil. i probably rehearsed that song at home 500 times. ♪ ♪ like you see ♪ >>
. >> we did a show from hawaii. >> i don't really remember much about hawaii. maybe i had one too many pina coladas. >> we work very hard here. >> yeah. >> i always. there was something magical about taking the show on the road. >> the aussies on one side, the usa on the other. >> our knockoff version of "where in the world is matt lauer." >> the idea is we wouldn't know where each other were going. >> thoughts? >> are you in...
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Dec 29, 2012
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and this morning i felt pretty positive the president was flying back from his hawaii vacation, republicans seemed to be in the mood to try to get this done, and they could bridge this gap. but you know, my conversations with some of the republican leaders is that not much was accomplished today. and as you know, john, the clock is ticking. what are we, 72 hours away from going over that cliff? i'm not sure this is going to get resolved right new. looks like we may go into january without a deal. >> stephen moore saying we're going off the cliff. we've got new details on the plan, the president's scaled-down proposal. here's what's on the table. extend the current tax rates for 98% of americans, incomes up to $250,000. extend unemployment benefits, that's an important point. not being talked about enough. extending the alternative minimum tax patch. prevents cuts in payments to doctors who treatment medicare payments. -- patients. would this scaled-down proposal save us from economic disaster? >> we've done a tremendous amount of damage to ourselves, embarrassing ourselves around the world.
and this morning i felt pretty positive the president was flying back from his hawaii vacation, republicans seemed to be in the mood to try to get this done, and they could bridge this gap. but you know, my conversations with some of the republican leaders is that not much was accomplished today. and as you know, john, the clock is ticking. what are we, 72 hours away from going over that cliff? i'm not sure this is going to get resolved right new. looks like we may go into january without a...
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Dec 28, 2012
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to do something to follow the lines of what the president said in the briefing room before going to hawaii for the holidays. basically resetting the discussion for income rates at the threshold he originally wanted, $250,000 for couples. why that's important is because in previous conversations with speaker boehner, the president had moved off that number to something more friendly to the republican party, putting the number at about $400,000 and people thought that's where conversations would start today. democrats say, no, that's not the case because the speaker didn't have the membership vote on the $250,000 threshold. so this is about leverage, it's about negotiation. it's democrats going in to the meeting stronger they feel than what they perceive to be speaker boehner's position. republicans today talking about to me about various options they see and lots of conversations going on and certainly a spirit of willingness to get something done. can it get done? can it get done practically? those are the hard questions. >> yeah. after this 3:00 meeting, kelly o., will there be a document
to do something to follow the lines of what the president said in the briefing room before going to hawaii for the holidays. basically resetting the discussion for income rates at the threshold he originally wanted, $250,000 for couples. why that's important is because in previous conversations with speaker boehner, the president had moved off that number to something more friendly to the republican party, putting the number at about $400,000 and people thought that's where conversations would...
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Dec 28, 2012
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something he laid out lines friday before christmas here in the white house briefing room before he went to hawaii. where he said look, we have to scale back expectations. basically just extend middle class tax cuts. don't worry about the rates for everyone else. secondly extend unememployment insurance for about two million people who will be losing it a few days from now at the end of the year. finally he refer to possibility of smaller bit ever spending cuts. not major entitlement rerecall to. not major cuts to medicare like had been on the table in so-called plan a, the $4 trillion debt deal he and john boehner had been talking about for weeks. so we might see a small bit of spending cuts just to stave off the sequester, the massive amount of spending cuts that will kick in at the beginning of the year to harm the pentagon and other agencies. if they are getting anything, there are low expectations but if they get anything it will be a very small deal, something much smaller than they have been talking about for weeks, jon. jon: there aren't too many people these meetings. so a little hard to
something he laid out lines friday before christmas here in the white house briefing room before he went to hawaii. where he said look, we have to scale back expectations. basically just extend middle class tax cuts. don't worry about the rates for everyone else. secondly extend unememployment insurance for about two million people who will be losing it a few days from now at the end of the year. finally he refer to possibility of smaller bit ever spending cuts. not major entitlement rerecall...
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Dec 28, 2012
12/12
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KRON
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he formerly served as hawaiis with 10 and governor ann is a former hawaii and democrat party chairman a lawmaker. >>hawaiss governor says schatz is best position to help the state began to rebuilt its congressional seniority. >> will be right óó >> the moisture will not risk the ground. your own satellite and radar some light rain in the atmosphere. the system in northern california will continue to drive down. >> and a clot still nothing is mostly cloudy skies. as we push into the afternoon again, it is sitting offshore. i do not think or delay in. it is probably in the north bay in for the coast. this is running parallel to the coastline. earlier models did show some widespread rain everyone was getting a dose of it. the latest models are really starting to back off on those chances. >> some of our east bay spots the delta livermore valley may not see any right whatsoever. of course we will keep a chance to the forecast. keep an umbrella handle. as best it for later tonight. if your going out the rain to stretch into the overnight hours. it looks like any showers receive a star to
he formerly served as hawaiis with 10 and governor ann is a former hawaii and democrat party chairman a lawmaker. >>hawaiss governor says schatz is best position to help the state began to rebuilt its congressional seniority. >> will be right óó >> the moisture will not risk the ground. your own satellite and radar some light rain in the atmosphere. the system in northern california will continue to drive down. >> and a clot still nothing is mostly cloudy skies. as we...
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it's the first full day for brian schatz he was sworn in in hawaii. he's replacing daniel inouye who passed away. president obama will have to look for a new epa chief now that lisa jackson resigned. she'll officially step down after the state of the union. the chief of staff is saying, quote, put the hearts back in the closet. he remains in guarded condition at a houston hospital. >>> massachusetts congressman ed markey is the first to officially throw his hat in the ring for a special election. mark -- the democrat has never run a statewide race. scott brown is the overwhelming favorite to run on the republican side. it's that time of the year again, jib jab's year in review. ♪ big scandals everywhere ♪ we kept obama care ♪ a hard-fought election ♪ they kicked us in the year ♪ the end is here ♪ it's no yew pretending ♪ i'm not going to let this trending ♪ ♪ 2012 ♪ the end is here >>> that's just a taste. check out more on our facebook page at facebook/jans & co. >>> president obama will sit down with top leaders to try to avoid t
it's the first full day for brian schatz he was sworn in in hawaii. he's replacing daniel inouye who passed away. president obama will have to look for a new epa chief now that lisa jackson resigned. she'll officially step down after the state of the union. the chief of staff is saying, quote, put the hearts back in the closet. he remains in guarded condition at a houston hospital. >>> massachusetts congressman ed markey is the first to officially throw his hat in the ring for a...
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Dec 28, 2012
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housing was already expensive in places like california and hawaii because of land use laws from the 1960's. second, if you look to the community reinvestment act, if you think that is the cause of the bubble, you have to explain why there was not a bubble in houston, raleigh, n.c., that winter? -- atlanta? it applied to those cities just as much as san francisco and miami, yet there were bubbles there and no balls in houston, omaha, -- bubbles in houston, ohio, -- global hawk, where have you. host: you conclude the book with "home ownership is not just an american dream, a dream of people all over the world. guest: that is absolutely right. a lot of research has shown that homeownership is one way to help people get out of poverty. if you want to start a small business, it turns out most are started with a loan on a business owner's home. if you want to put your kids through college, you can borrow against your home. homeownership is a way to build wealth. yet we have government saying we should get more people into apartments, fewer people into cinder the -- single-family homes. ho
housing was already expensive in places like california and hawaii because of land use laws from the 1960's. second, if you look to the community reinvestment act, if you think that is the cause of the bubble, you have to explain why there was not a bubble in houston, raleigh, n.c., that winter? -- atlanta? it applied to those cities just as much as san francisco and miami, yet there were bubbles there and no balls in houston, omaha, -- bubbles in houston, ohio, -- global hawk, where have you....
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this i am flying back from hawaii and see if i can bring them back together. they are far apart as they have been. >> kelly: why are they having the meeting? because of the talk and rhetoric is ramping up and the agreement is going down. i mean, for example, senate majority leader harry reid is name calling and calling john boehner a dictator . this is what he had to say. >> the american people i don't think the house representative is operating without the house of representative. it is being operated with a dictatorship of the speaker not allowing the vast majority of the house and representatives to get what they want. >> that sounds ridiculous f. it was a dictatorship boehner would have gotten that vote and he couldn' get the vote. what we should do honestly guys, is swan dive ov the fiscal cliff. let president obama own the fiscal cliff. it should be called the obama cliff. >> julia: people know how much they would have to pay. folks on the man on the street interviews . people are looking at the numbers going what. >> kelly: in today's meeting should be
this i am flying back from hawaii and see if i can bring them back together. they are far apart as they have been. >> kelly: why are they having the meeting? because of the talk and rhetoric is ramping up and the agreement is going down. i mean, for example, senate majority leader harry reid is name calling and calling john boehner a dictator . this is what he had to say. >> the american people i don't think the house representative is operating without the house of representative....
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that's why we have the president flying back from hawaii. that's why we have republicans coming in on sunday even though neither side expects it to change any. the great line in this story, the talking bint it they have is the lines of communication remain open, but all are reporting that the lines of communication may remain open but they're not saying anything. they're negotiating out loud. it's like when you send an e-mail and put your boss on it or copy the whole office. you're not trying to persuade but make your point. >> i'll never do that. richard wolf, are you still awake down there. >> i am. i go to starbucks. >> let me ask you this unearned sense of optimism that seeps out between talk of going over the cliff. we'll go over the cliff but get a deal done within the next two weeks after january 1st. why am i thinking maybe they won't get a deal done? >> right. why? because you watched these idiots try to come up with a deal sore. they didn't have an agreement with the recovery act and republicans didn't want to step up then. we're t
that's why we have the president flying back from hawaii. that's why we have republicans coming in on sunday even though neither side expects it to change any. the great line in this story, the talking bint it they have is the lines of communication remain open, but all are reporting that the lines of communication may remain open but they're not saying anything. they're negotiating out loud. it's like when you send an e-mail and put your boss on it or copy the whole office. you're not trying...
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Dec 28, 2012
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reporter: president obama returned to washington for a last-minute push before leaving vacation in hawaii, he had separate phone conversations with congressional leaders. but it's not clear the talks helped. house republican leaders say they'll take action on whatever bill the senate can pass. but the senate must act first. brandi and muhammad? >> thank you. oh, to be a fly on the wall today in that meeting when it all happens. >> we've been talking all week about this going down to the deadline. i mean, we are right at that deadline. this is going to be a photo finish. i mean, if this was a race -- >> and if the house ends up adjourning, it usually takes 48 hours to be called back. so the timing is really key here. whatever happens today could be the deciding factor. >> a lot of it comes down to who is going to blink first. >> if either side even does. >>> also making headlines today, retired general norman schwarzcopf has died from pneumonia. known as stormin' norman, schwarzkopf commanded the u.s. led international coalition that drove saddam hussein's forces out of kuwait in 1991. pre
reporter: president obama returned to washington for a last-minute push before leaving vacation in hawaii, he had separate phone conversations with congressional leaders. but it's not clear the talks helped. house republican leaders say they'll take action on whatever bill the senate can pass. but the senate must act first. brandi and muhammad? >> thank you. oh, to be a fly on the wall today in that meeting when it all happens. >> we've been talking all week about this going down to...
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meanwhile, president obama cut his hawaii vacation short to return to washington today. but has he been working on a deal? "outfront" tonight, reports from both ends of pennsylvania avenue. chief white house correspondent, jessica yellin, and senior congressional correspondent, dana bash. jessica, first, to you, the president's back in washington, wheels down. he left his christmas vacation early. but was this just a bit of showmanship, or has he been working on something specific? >> reporter: hey, john. well, today has been a bit of a quiet day here at the white house. publicly, the president has been scarce, no sign of him. behind closed doors, i'm told a few meetings internally, but mostly, relatively quiet. i expect we will see more from the president, perhaps we could even see him publicly tomorrow. perhaps he could even meet with or talk to some of the congressional leaders. the president's role in all of this, he can get each of the leaders to come closer on what the white house believes is already, pretty clearly, the framework for a final deal, and he can also
meanwhile, president obama cut his hawaii vacation short to return to washington today. but has he been working on a deal? "outfront" tonight, reports from both ends of pennsylvania avenue. chief white house correspondent, jessica yellin, and senior congressional correspondent, dana bash. jessica, first, to you, the president's back in washington, wheels down. he left his christmas vacation early. but was this just a bit of showmanship, or has he been working on something specific?...
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Dec 28, 2012
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we know president obama called the top four congressional leaders last night on his way back from hawaii. tomorrow afternoon at the white house will be a meeting between the president and those top four congressional leaders and earlier the top senate democrat expressed concern or frustration saying you cannot legislate with yourself. >> the republicans in the house have left town. the negotiations between the president and the speaker have fallen apart as they have for the last three and a half years. we have tried mightily to get something done. >> now, perhaps in an effort to address that we know late today senator reid who you heard from there went to meet with his counter part senator mcconnell the top republican in the senate, perhaps talking about what it will take to bring some republicans along on a potential deal. harris? >> harris: a lot of energy spent on all this going back and forth. in fact, leading republicans suggesting a great deal of time has been wasted on politics. >> that is precisely right. they note that the house republicans tried to address the issues this summe
we know president obama called the top four congressional leaders last night on his way back from hawaii. tomorrow afternoon at the white house will be a meeting between the president and those top four congressional leaders and earlier the top senate democrat expressed concern or frustration saying you cannot legislate with yourself. >> the republicans in the house have left town. the negotiations between the president and the speaker have fallen apart as they have for the last three and...
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Dec 27, 2012
12/12
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the president left his family in hawaii to return to washington. with the help of the economy and a bank account of every american family on the line. but the back and forth bickering continues. >> the only people in america who don't think taxes should be raised on the ridge are the republicans who work in this building. >> make no mistake. the only reason democrats have been trying to deflect attention on to me and my colleagues over the past few weeks, they don't have a plan of their own that could get bipartisan support. >> reporter: taxes go up for every worker next week. unemployment benefits for those out of the job longest run out. deep spending cuts kick in that could hasten a recession. and that hits a nerve. >> it really upsets me, because the government is supposed to be working for the people. and i don't see that. >> i wish they would hurry up and make a decision, one way or the other. >> reporter: today, even house chaplain's daily prayer -- >> as this chamber lies silent still -- >> reporter: reflected the painful wait for a deal to
the president left his family in hawaii to return to washington. with the help of the economy and a bank account of every american family on the line. but the back and forth bickering continues. >> the only people in america who don't think taxes should be raised on the ridge are the republicans who work in this building. >> make no mistake. the only reason democrats have been trying to deflect attention on to me and my colleagues over the past few weeks, they don't have a plan of...
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Dec 27, 2012
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what we know about the president is that he cut short his hawaii vacation, arriving in d.c. earlier today. and we're not aware of new developments from the president, but mcconnell seemed to telegraph that the president called him yesterday and now expecting that the president would make him some sort of offer at some point in the future. we haven't seen that yet. so, this story continues, melissa. >> so, it sounds, eamon, like the house is going to reconvene and that's sort of a precautionary call at this point because of the time frame but there's not necessary a deal on the table or closer to being formed at this point. >> that's right. it's not an indication that they have a deal in hand and they're going to vet on something on sunday. it is an indication that they do want all of the bodies back here in d.c. on sunday night. so that if they have to proceed to votes, they can do it and they know where their people are. everybody got 48 hours notation. a lot of the folks are retiring. they're all over the country. snowstorm is wrecking havoc on travel plans. everybody has
what we know about the president is that he cut short his hawaii vacation, arriving in d.c. earlier today. and we're not aware of new developments from the president, but mcconnell seemed to telegraph that the president called him yesterday and now expecting that the president would make him some sort of offer at some point in the future. we haven't seen that yet. so, this story continues, melissa. >> so, it sounds, eamon, like the house is going to reconvene and that's sort of a...
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the president is back there, trading the heat of the sun in hawaii going to the heat in washington. steve forbes will be coming up later in the hour. shibani: we will tell you what drove the markets today with today's data down load. stocks gaining momentum in the last hour of trading crawling back from triple digit losses down about 150 points following reports that the house will return to washington on sunday, but that late rally wasn't enough to lift stocks into positive territory, with all three major indices closing lower for the fourth day in a row. materials, financials, amongst the day's top worst performing sectors i should say. new home sales surging to strongest level in more than two years. sales jumping 4.4% from october to an annual rate of 377,000, more good signs that that housing sector much needed to improve the rest of the economy is finally getting a boost. and the number of americans filing new applications for unemployment aid falling to its lowest level in nearly four and a half years. initial claims dropping 12,000 to a seasonally adjusted 350,000 the week p
the president is back there, trading the heat of the sun in hawaii going to the heat in washington. steve forbes will be coming up later in the hour. shibani: we will tell you what drove the markets today with today's data down load. stocks gaining momentum in the last hour of trading crawling back from triple digit losses down about 150 points following reports that the house will return to washington on sunday, but that late rally wasn't enough to lift stocks into positive territory, with all...
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i will give every fiber of my being doing a good job for the state of hawaii. we have a long and perhaps difficult road ahead of us, but we can succeed if we work together. >> of course senator inouye's views were taken into consideration. of i extension of myself as the governor, was to act in the overall best interest of the party. after all, the state and the nation needs this democratic senator to be replaced. heather: he was a world war veteran and medal of honor recipient, he died on december 17, he was 88 years old. greg: beginning in the new year, more than 200 new state laws are going to be on the books. here now with a preview of how to stay out of trouble is trace gallagher, biden or west coast newsroom. >> many laws you have not heard about. for example, newark state now, it is illegal for you to sell electronic cigarettes to minors. in illinois, if you are applied for a job, your would-be boss can no longer ask for your social networking password. that has been deemed in violation of your privacy. if you riding motorcycle in illinois, you can run r
i will give every fiber of my being doing a good job for the state of hawaii. we have a long and perhaps difficult road ahead of us, but we can succeed if we work together. >> of course senator inouye's views were taken into consideration. of i extension of myself as the governor, was to act in the overall best interest of the party. after all, the state and the nation needs this democratic senator to be replaced. heather: he was a world war veteran and medal of honor recipient, he died...
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Dec 27, 2012
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of helping hands hawaii, one of hawaii's largest nonprofit social services organization. he's also served four terms in the hawaii assembly house of representatives and served until just a few minutes ago as the lieutenant governor of the state of hawaii. having been a lieutenant governor, he has experience as a legislator and then as one of the presiding officers of the entire senate, speaks of itself as helping prepare for this job he has here. he will build upon the foundation laid during senator inouye's five decades of representing the state of hawaii. while no one can fill the shoes of our friend, senator inouye, brian schatz is a young man with a future full of promise and opportunity. mr. president, i would ask unanimous consent that the senator from hawaii, senator akaka, now be recognized. the president pro tempore: the senator from hawaii. the senior senator from hawaii, senator akaka. mr. akaka: mr. president. the president pro tempore: the senator from hawaii. mr. akaka: mr. president, i rise today to welcome hawaii's new united states senator, brian schatz.
of helping hands hawaii, one of hawaii's largest nonprofit social services organization. he's also served four terms in the hawaii assembly house of representatives and served until just a few minutes ago as the lieutenant governor of the state of hawaii. having been a lieutenant governor, he has experience as a legislator and then as one of the presiding officers of the entire senate, speaks of itself as helping prepare for this job he has here. he will build upon the foundation laid during...
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from a white house spokesman, the president spoke with all four congressional leaders before leaving hawaii for washington, and the senate is reconvening today. now the automatic spending cuts and the tax increases that make up the fiscal cliff, they're set to take effect in just five days. much more on the fiscal cliff crisis, the effort to reach some kind of agreement later this hour. we're going go live to capitol hill for the latest as the senate returns to work. that is coming up in about 20 minutes. >>> and president obama's going to have another cabinet position to fill for the new year. we learned a short time ago apa lisa jackson is stepping down after the president's state of the union speech in january. jackson starting with the agency as a staff level scientist back in 1987. during her tenure as administrator she tackled pollution problems in poor community communities. oil drilling and coal regulations. all those things on her plate. jackson said she is confident epa is headed in the right direction. >>> winter storm causing some real headaches. millions of folks in the mid-atl
from a white house spokesman, the president spoke with all four congressional leaders before leaving hawaii for washington, and the senate is reconvening today. now the automatic spending cuts and the tax increases that make up the fiscal cliff, they're set to take effect in just five days. much more on the fiscal cliff crisis, the effort to reach some kind of agreement later this hour. we're going go live to capitol hill for the latest as the senate returns to work. that is coming up in about...
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. >> reporter: of course president obama has left hawaii. he is heading back to washington from his family vacation. we learned from the white house that the president had made calls to the top four congressional leaders mcconnell and boehner on the republican side, pelosi and reid on the democratic side. we'll see what the president has in mind when he touches down back in washington a little later this morning, harris. harris: mike you mentioned it. i'm mentioning it too. it is coming into the newsroom from senator mcconnell's spokesperson and just wondering what the republicans say they want. they want to review legislation and make decisions how best to proceed. they're waiting for now the white house to make the next move. >> reporter: there is definitely a game of chicken going on where the senate democrats are saying, well we need to know from mcconnell what he is willing to do. mcconnell is saying i will not rubberstamp a plan i haven't seen so you need to lay out a plan. we know from speaker boehner's spokesman he is in ohio. he wil
. >> reporter: of course president obama has left hawaii. he is heading back to washington from his family vacation. we learned from the white house that the president had made calls to the top four congressional leaders mcconnell and boehner on the republican side, pelosi and reid on the democratic side. we'll see what the president has in mind when he touches down back in washington a little later this morning, harris. harris: mike you mentioned it. i'm mentioning it too. it is coming...
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cutting his vacation in hawaii sure to tackle the fiscal cliff. reports calling the possibility of a deal before the new year "virtually impossible." let's bring in former press secretary to al gore and we also have brad blakeman. they are both joining us from washington, d.c. "the house has already passed legislation to avoid the fiscal cliff, but senate democrats have not." what do you make of that feedback they are having what amounts to a staring contest right now. it is legislation that would keep tax cuts for those making under $250,000 a year. the house does not have any plans to come back before january 1. liz: the house does have a bill that would not hurt small businesses and the job creators in this country. for some reason they seem to be avoiding that very important issue for the u.s. economy. >> what i make of it is, it all goes back to the leadership of the president. the president created this crisis. remember, he was the one who had a bipartisan commission on the debt. they came back with their proposals. two years ago, the presid
cutting his vacation in hawaii sure to tackle the fiscal cliff. reports calling the possibility of a deal before the new year "virtually impossible." let's bring in former press secretary to al gore and we also have brad blakeman. they are both joining us from washington, d.c. "the house has already passed legislation to avoid the fiscal cliff, but senate democrats have not." what do you make of that feedback they are having what amounts to a staring contest right now. it is...
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the president boarded air force one in hawaii early this morning and headed back to washington to deal with the so-called fiscal cliff. with just five days until the combination of automatic tax increases and spending cuts that could send the economy back into recession, the president wants congress to take the lead in getting the job done. the senate convenes later today and majority leader harry reid has told members to be prepared to work on fiscal cliff issues through the weekend. reid is working on his own plan to get members to come together before the end-of-the-year deadline. that plan would likely include letting the bush tax cuts expire for households making more than $250,000 a year and short-term spending cuts instead of the massive cuts that would occur if there is no deal. after a wednesday conference call, house republican leaders issued a statement saying they're waiting for the democratic-controlled senate to act. adding to an already volatile situation, treasury secretary tim geithner in a letter to congress said wednesday the united states will hit the $16.4 trillion
the president boarded air force one in hawaii early this morning and headed back to washington to deal with the so-called fiscal cliff. with just five days until the combination of automatic tax increases and spending cuts that could send the economy back into recession, the president wants congress to take the lead in getting the job done. the senate convenes later today and majority leader harry reid has told members to be prepared to work on fiscal cliff issues through the weekend. reid is...
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he shook hands before leaving his vacation in hawaii. he has important talks scheduled to avert the fiscal cliff. >>> as we showed you, the senate is back in session. they are hoping to strike a deal and avoid the fiscal cliff. we are in washington where some republicans are pessimistic an agreement can be reached. >> reporter: the senate majority leader is on the floor right now. we will take a live look at the capitol. he is trying to get republican support for the latest democratic plan. they got back to work about 15 minutes ago and are considering the president's offer to raise taxes on households making $400,000 or more a year. even if it passes the senate he is concerned about the house where he will need about 30 republicans to cross party lines. the house speaker said he is not making members of the house come back from their break without a 48 hour notice on a vote. in the last -- >> american people i don't think understand the house is operating without the house of house. its being operated with a dictatorship of the speaker.
he shook hands before leaving his vacation in hawaii. he has important talks scheduled to avert the fiscal cliff. >>> as we showed you, the senate is back in session. they are hoping to strike a deal and avoid the fiscal cliff. we are in washington where some republicans are pessimistic an agreement can be reached. >> reporter: the senate majority leader is on the floor right now. we will take a live look at the capitol. he is trying to get republican support for the latest...
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he left his wife and two daughters in hawaii when he left last night hawaii time. he has been in touch with harry reid's office over the holidays and we did get a scheduled update that the vice president will be here at the white house today for meetings. at this point not a lot of encouraging signs coming out of the white house or capitol hill that a fiscal cliff deal is in sight. patti ann: are there any other meetings set with house republicans? >> reporter: nothing yet, although that can change. we do know that house republican speaker john boehner is still in his home state of ohio. his spokesman says he'll update if there are any travel changes, meaning he'll let us know if the speaker decides to come become to washington for any kind of meetings. house republicans say they passed the stopgap measure extending all existing tax cuts and are pressing the senate to approve it. in a statement yesterday the house g.o.p. leadership said quote the lines of communication remain open and we will continue to work with our colleagues to avert the largest tax hike in ame
he left his wife and two daughters in hawaii when he left last night hawaii time. he has been in touch with harry reid's office over the holidays and we did get a scheduled update that the vice president will be here at the white house today for meetings. at this point not a lot of encouraging signs coming out of the white house or capitol hill that a fiscal cliff deal is in sight. patti ann: are there any other meetings set with house republicans? >> reporter: nothing yet, although that...
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yes, the president returning early from his hawaii vie cation today. at the top of this hour, expecting any minute on the senate floor that harry reid might come and give us some comment and guidance here on where to expect fiscal cliff talks to go over the next 48 hours or so. we know that the house of representatives will not be in session today but speaker bain he or she conferencing in his colleagues on a phone call this afternoon, all that up against a monday deadline. now we are told by game leadership that they will advise their numbers by saturday if they are going to bring them back into washington for a vote on anything on monday if there is a deal. there you see the united states senate is coming into session is this morning. we are going to keep an eye out for those remarks from senator reid, and of course, remarks on this fiscal cliff debacle have been moving the markets throughout the past couple of weeks, wait and see what harry reid has to say. guys, not a whole lot here to give those guys consumer confidence. >> the essence of poll tak
yes, the president returning early from his hawaii vie cation today. at the top of this hour, expecting any minute on the senate floor that harry reid might come and give us some comment and guidance here on where to expect fiscal cliff talks to go over the next 48 hours or so. we know that the house of representatives will not be in session today but speaker bain he or she conferencing in his colleagues on a phone call this afternoon, all that up against a monday deadline. now we are told by...
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the president took off last night from hawaii, but there's a five-hour time difference. time is working against these lawmakers. they will have to figure out something if they want to do anything before new year's. it seems quite likely that we are going to go over this cliff and that whatever happens is going to have to be resolved after january 1. it has been looking like that before the holiday, but certainly now, particularly if you remember for congress broke for the christmas break, speaker raynor was not able to get the backup plan through his caucus, so there was no pressure on democrats to try to counter that immediately. senate democrats saying we passed a bill that raises tax rates on incomes over $250,000, we ran on this and this is what we are offering. house republicans were saying, no, we want to negotiate something, figure it out and send it to us. someone is going to have to move. who? the president met with senate majority leader harry reid before going to hawaii and his offer was to extend the tax cuts for incomes under $250,000, extend unemployment in
the president took off last night from hawaii, but there's a five-hour time difference. time is working against these lawmakers. they will have to figure out something if they want to do anything before new year's. it seems quite likely that we are going to go over this cliff and that whatever happens is going to have to be resolved after january 1. it has been looking like that before the holiday, but certainly now, particularly if you remember for congress broke for the christmas break,...
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president obama left hawaii early to get back to washington today. the senate is also coming back from christmas vacation today to work on a deal. now, sources tell us majority leader harry reid will push a scaled-back version of the fiscal cliff package that president obama laid out on friday, which moved the tax hike needle to $400,000. no word yet on when the house of representatives might come back, but democrats say the only hope we have of something getting through the house, the senate and the white house may be a very last-minute deal. cnn radio's lisa is following developments on capitol hill right now. the ball is in senate majority leader harry reid's court it would seem right now, lisa. >> that's right. harry reid and the senate seem to be the only game in town right now with the senate returning today. we also know from sources, ali, that over this christmas break there were no conversations between the president and top-level republicans. sources from both parties are telling us they are watching the senate, especially the democratic le
president obama left hawaii early to get back to washington today. the senate is also coming back from christmas vacation today to work on a deal. now, sources tell us majority leader harry reid will push a scaled-back version of the fiscal cliff package that president obama laid out on friday, which moved the tax hike needle to $400,000. no word yet on when the house of representatives might come back, but democrats say the only hope we have of something getting through the house, the senate...
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the president departed hawaii to return to washington, where it is not just the temperature that is chillier. talks cooled over the holidays over how to avoid the massive tax hikes. they are set to begin in just a few days. >> taxes are going to go up no matter what. they could go up a lot more, and that is where the political hit comes. >> house republicans point the finger at the other chamber, saying the senate must act on a bill to avoid the fiscal cliff. a spokesman for harry reid some are blaming the gop for the holdup. no further legislation can move unless republicans drop their knee-jerk obstructionism. if the country falls off the fiscal cliff, it may feel gradual at first, except on wall street. >> the reaction from the financial markets and the stock markets -- you could see something quick. >> a top ceo is hoping to jolt them into action. he wants employees to write " come together" on the coffee cups. >> i am maintaining my optimism that we will see the republicans and administration come together and do what is right for the country. >> starbucks has a message for the players
the president departed hawaii to return to washington, where it is not just the temperature that is chillier. talks cooled over the holidays over how to avoid the massive tax hikes. they are set to begin in just a few days. >> taxes are going to go up no matter what. they could go up a lot more, and that is where the political hit comes. >> house republicans point the finger at the other chamber, saying the senate must act on a bill to avoid the fiscal cliff. a spokesman for harry...
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the president took a red eye flight back from hawaii. why did congress and the president go on raication at all. >> yeah, we all go to work. >> there is nothing on the table . kelley. >> a lot of people feel they are left in the lurch by the president and congress. and they didn't get the job done . here's what we are facing. we are teetering on the edge of the fiscal cliff. there are many members in congress who disaagree raising of tax. the president had gone up to $400,000 when house speaker boehner would raise the tax hikes . but the sticking point is enments and spending. >> clayton: the republicans saying that the president and democrats not forth coming enough on entitlements. here's what will unfold in a few short days as we break this down to you. >> put your seat belts on, people. >> clayton: tax rates will hit these numbers and you go up to 120,000 . you will see 31 percent up to 36 percent . in these tax rates as they climb up. >> here's the bottom line. average tax rate of 2,000 to $4000. it is an additional 13,944 . million
the president took a red eye flight back from hawaii. why did congress and the president go on raication at all. >> yeah, we all go to work. >> there is nothing on the table . kelley. >> a lot of people feel they are left in the lurch by the president and congress. and they didn't get the job done . here's what we are facing. we are teetering on the edge of the fiscal cliff. there are many members in congress who disaagree raising of tax. the president had gone up to $400,000...
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web a woman in hawaii -- when a woman in iowa hit the jackpot she barely thought of herself at all. >> one year later she's having one of her wishes granted. >> good for you, merry christmas. >> reporter: wednesday morning, the day after christmas, michelle bristol got to show off her new smile and thanked the staff that took care of the cost. >> now i have that beautiful smile. to give to somebody else. and i don't cover -- >> reporter: but this story doesn't start here at the dental center in cedar rapids. it starts a year ago a week before christmas when michelle won $30,000 in a scratchoff lottery ticket. she helped her foster sister and then went here to k-mart and paid off several lay iowa accounts and she didn't stop there. -- layaway accounts. she didn't stop there. she also adopted families at the boys and girls club. >> we had three families left. how do you pick? it's that close to christmas. somebody might be left out. so we adopted all three. and only was close to the kids. >> reporter: michelle spent more than half the money on people she didn't even know. >> even though
web a woman in hawaii -- when a woman in iowa hit the jackpot she barely thought of herself at all. >> one year later she's having one of her wishes granted. >> good for you, merry christmas. >> reporter: wednesday morning, the day after christmas, michelle bristol got to show off her new smile and thanked the staff that took care of the cost. >> now i have that beautiful smile. to give to somebody else. and i don't cover -- >> reporter: but this story doesn't...
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president gets back here today, i guess just shy of noon if he arrives on time. 72 degrees he leaves in hawaii. 38 degrees he arrives to here in washington. and believe me, they're going to need to bring some of that sunshine here because there's certainly not a lot of smiles on the faces of the lawmakers as they come back. >> kurt andersen. >> chuck, this is kurt andersen. i've heard you talk how important you think it is to get a deal done in order to establish a level of comity, that's c-o-m-i-t-y. >> reporter: the other comedy is worth talking about, too. >> are you of the mind that there will be a deal sooner rather than later, like by next tuesday, or a grand bargain in order to sort of get the debt ceiling and other things out of the way for a while? >> reporter: no, i think they've got to get the large deal. and here's the thing, i still think they could get a large deal, you know, the debt ceiling -- using the debt ceiling as leverage, i think politically, by the way, republicans had totally misreading the landscape on this up with. if they think that's a good idea come february to us
president gets back here today, i guess just shy of noon if he arrives on time. 72 degrees he leaves in hawaii. 38 degrees he arrives to here in washington. and believe me, they're going to need to bring some of that sunshine here because there's certainly not a lot of smiles on the faces of the lawmakers as they come back. >> kurt andersen. >> chuck, this is kurt andersen. i've heard you talk how important you think it is to get a deal done in order to establish a level of comity,...
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ed reed heading back to hawaii. john hall bought happy for his guys -- john harbaugh happy for his guys. >> when a guy makes it on offense, all the guys feel they're part of it. it is a big deal. >> here is the full list. ray rice, jacoby jones. bernard pollard is a pro bowl alternate. ray lewis did not make the pro ball but was put on the active roster. in the nba last night. the wizards lose to cleveland. the wizards at home. here's the steel. that is not how you draw it up. unk.guys never missed a d the wizards lose again. they are 3-23. nk.you can du >> a lot of fans. bail for dion ware. >> a man discovers a wedding ring in a snowdrift. what he wants in return. >> a storm system pulling off to the east. >> we will take a look at your morning commute. so far so good on the west side.
ed reed heading back to hawaii. john hall bought happy for his guys -- john harbaugh happy for his guys. >> when a guy makes it on offense, all the guys feel they're part of it. it is a big deal. >> here is the full list. ray rice, jacoby jones. bernard pollard is a pro bowl alternate. ray lewis did not make the pro ball but was put on the active roster. in the nba last night. the wizards lose to cleveland. the wizards at home. here's the steel. that is not how you draw it up....
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as president obama leaves his tropical retreat in hawaii for a wintry washington, tension on capitol hill is on high. >> i don't see how you could hammer out any kind of a grand bargain or large plan involving tax reform and entitlement changes in a matter of days. >> reporter: serious doubt is setting in. even starbucks is getting involved, writing "come together" on its cups. speaker john boehner says he's sitting this round out after failing to get enough house republicans to support his own plan just before christmas. >> i think that boehner is being controlled, unfortunately, by the right wing. >> reporter: that leaves it up to majority leader harry reid and the rest of the senate to find a passable solution. aides say reid's plan would avoid tax increases for people making less than $250,000, eliminate some big spending cuts and restore unemployment benefits. >> i think you're likely to see a two-step process here, one sort of dealing with the immediate dynamics so that you could in fact set up a situation where you could deal with the larger situation. >> reporter: without a d
as president obama leaves his tropical retreat in hawaii for a wintry washington, tension on capitol hill is on high. >> i don't see how you could hammer out any kind of a grand bargain or large plan involving tax reform and entitlement changes in a matter of days. >> reporter: serious doubt is setting in. even starbucks is getting involved, writing "come together" on its cups. speaker john boehner says he's sitting this round out after failing to get enough house...
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president barack obama has left hawaii, he left early. the senate is also coming back from its christmas vacation to work on a deal today. sources tell us majority leader harry reid will be pushing a scaled-back version of the fiscal cliff package that president obama laid out last week. that moved the tax hike needle to $400,000. no word on when the house might come back with time ticking away. democrats are hoping the scaled-back plan could get through the house, senate and white house before january 1st. sometime on december 30th, maybe even new year's eve is when they're probably going to get that deal done but let's go to jonathan allen, a senior washington correspondent for politico. the top headline on politico this morning, fiscal cliff deal increasingly unlikely. jonathan, really? >> i think there's a lot of pessimism here in washington. you've got, as you pointed out, five days left. i think the real indicator here is that none of these parties are moving off their position. the senate democrats, the house republicans, the white
president barack obama has left hawaii, he left early. the senate is also coming back from its christmas vacation to work on a deal today. sources tell us majority leader harry reid will be pushing a scaled-back version of the fiscal cliff package that president obama laid out last week. that moved the tax hike needle to $400,000. no word on when the house might come back with time ticking away. democrats are hoping the scaled-back plan could get through the house, senate and white house before...
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Dec 27, 2012
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bush, because we have two developing stories on both fronts there. >>> hawaii's lieutenant governor is representing his state in the u.s. senate. democrat brian shatz has been appointed to succeed the late senator daniel inouye. he arrives in washington, d.c. today in style. he was aboard air force one as president obama returned to the white house. what a welcome. he will serve in the senate until the election is held in 2014. and the president is returning to washington as the treasury secretary warns the country is not in a good place when it comes to the national debt. timothy geithner says the government may hit its $16.4 trillion borrowing limit on monday. the president will hear about the fiscal cliff problem as well as members of congress return to washington to address the fiscal cliff. talks will take place behind closed doors. no public negotiations set. you have the debt and the fiscal cliff. it's not looking too good right now when it comes to the u.s. economy. >> geithner told congressional leaders that his department is using some accounting measures basically a fancy wa
bush, because we have two developing stories on both fronts there. >>> hawaii's lieutenant governor is representing his state in the u.s. senate. democrat brian shatz has been appointed to succeed the late senator daniel inouye. he arrives in washington, d.c. today in style. he was aboard air force one as president obama returned to the white house. what a welcome. he will serve in the senate until the election is held in 2014. and the president is returning to washington as the...
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also flying back on air force one is hawaii lieutenant governor brian schatz. he is replacing the late senator from hawaii, senator inouye. he'll likely be sworn in later today. schatz tweeted he's looking forward to supporting the president's agenda. reporting live in washington, i'm danielle leigh. >>> treasury secretary tim geithner is adding to the pressure saying the treasury may not be able to pay its bill on monday. that could lead to a credit downgrade. in his letter, geithner proposes a series of measures to postpone the date. geithner indicates his plan would free up about $2 who billion. >>> we now have an update on the health of president george h.w. bush who remains in a houston hospital. nbc news has learned his stubborn fever has gotten worse and he was admitted to the intensive care unit on sunday. doctors have him on a liquid-only diet. he's surrounded by family. mr. bush who is 88 years old has been hospitalized with bronchitis since just after thanksgiving. >>> now, for a look at your national weather here once again is nbc meteorologist dyla
also flying back on air force one is hawaii lieutenant governor brian schatz. he is replacing the late senator from hawaii, senator inouye. he'll likely be sworn in later today. schatz tweeted he's looking forward to supporting the president's agenda. reporting live in washington, i'm danielle leigh. >>> treasury secretary tim geithner is adding to the pressure saying the treasury may not be able to pay its bill on monday. that could lead to a credit downgrade. in his letter, geithner...
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hawaii's governor naming a successor to late senator inouye. he had recommended u.s. rep in a letter sharply before he died. with six days before we go off the fiscal cliff, president obama is cutting his hawaii vacation short, flying back to washington, uncertain what kind of deal making possibilities he will find when we will come back. republican leaders made no decision about when to call their members back nor it is clear what kind of deal, if any, they will have to vote on. a lot of digging tonight for cnn's dana bash. i understand there were no decisions out of this call, but do we have any sense of what fellow. >> rob:s are telling speaker boehner? how likely are we to see a vote in time to avoid going of the cliff? >> it really is up in the air. i'm told in part that's why house. >> rob:s didn't make a decision to bring the house back or when to do it because the ball really is in the senate's court, specifically with senate democrats. that has changed big time since a few weeks ago. at this point what they are trying to figure out is whether or not they can
hawaii's governor naming a successor to late senator inouye. he had recommended u.s. rep in a letter sharply before he died. with six days before we go off the fiscal cliff, president obama is cutting his hawaii vacation short, flying back to washington, uncertain what kind of deal making possibilities he will find when we will come back. republican leaders made no decision about when to call their members back nor it is clear what kind of deal, if any, they will have to vote on. a lot of...
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hawaii governor neil abercrombie has announced a replacement to inouye. in a statement, he says he plans to travel to washington, d.c. to be sworn in. he succeeds a world war ii veteran who represented hawaiian congress for more than five decades. >>> former u.s. president george h.w. bush is still in the hospital tonight. a spokesman for the former president tells cnn bush has a stubborn fever. bush is in the guarded condition and on a liquid diet. the spokesman says there have been no dates set for the former president to be released from the hospital. says he is conversing with his doctors and is surrounded by his family. we wish him well. >>> meanwhile, nelson mandela has been released from the hospital. a spokesman for the south african government says he will continue to receive treatment at his home. the 94-year-old entered the hospital earlier this month for treatment of a lung infection and later underwent surgery to remove gallstones. >>> our fourth story, it's not just your taxes. if lawmakers can't find a way to work together before the new ye
hawaii governor neil abercrombie has announced a replacement to inouye. in a statement, he says he plans to travel to washington, d.c. to be sworn in. he succeeds a world war ii veteran who represented hawaiian congress for more than five decades. >>> former u.s. president george h.w. bush is still in the hospital tonight. a spokesman for the former president tells cnn bush has a stubborn fever. bush is in the guarded condition and on a liquid diet. the spokesman says there have been...
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we would all like to go to hawaii but honestly it was very upsetting. so many people i talked to over the holidays they are saying what are they doing? they should be sitting there doing the tough work we pay them to do, representing us in their various districts and states. >> the optics are terrible, but here's the reality, kimberly. and i'm not disagreeing with the folks that told you that. but the reality is when we are in washington there's one person negotiating on behalf of the house and then 434 people are sitting around naming post offices or playing solitary on their computers. there's only one person who is negotiating on behalf of the house and that's john boehner. and frequently he's negotiating by himself. i'll say this, it's good for us to go home to the people we work for so we can get an earful, as i have gotten over the last three or four days, whether it's the grocery store or church or wal-mart or this morning while i was running someone stopped me and gave me an earful, which i very much need. so if you are going on vacation, then,
we would all like to go to hawaii but honestly it was very upsetting. so many people i talked to over the holidays they are saying what are they doing? they should be sitting there doing the tough work we pay them to do, representing us in their various districts and states. >> the optics are terrible, but here's the reality, kimberly. and i'm not disagreeing with the folks that told you that. but the reality is when we are in washington there's one person negotiating on behalf of the...
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Dec 27, 2012
12/12
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find enough republicans to cross party lines for what the president proposed right before he left for hawaii which is a scale back, focusing on tax cuts and saying what he campaigned on during the entire campaign which is only keeping tax cuts in place for those under $250,000. it is a big ask to try to get -- by our calculation ten senate republicans to cross over. they think with the deadline they are up against it will be hard to go home and say i let everybody's taxes go up. >> what do we know about what is in this scaled back bill? it's still being crafted. that's part of the dance being done in the next few days, which is what do democrats have to put in to this in order to lure those republicans, if anything? is there anything they can do? fundamentally for most republicans, voting for the president's plan that will raise taxes on the top two percent that most republicans campaigned against are not going to go for it. but perhaps democrats think if they add an extension of the estate tax cut or other tax extenders in there they can lure some republicans. but that is part of the negoti
find enough republicans to cross party lines for what the president proposed right before he left for hawaii which is a scale back, focusing on tax cuts and saying what he campaigned on during the entire campaign which is only keeping tax cuts in place for those under $250,000. it is a big ask to try to get -- by our calculation ten senate republicans to cross over. they think with the deadline they are up against it will be hard to go home and say i let everybody's taxes go up. >> what...
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Dec 27, 2012
12/12
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now the president is on vacation in hawaii and there's been no progress. everyone went home for the holidays. >> i want toet this in. i have to ask, a lot of people were surprised the president announced he would come back from vacation. when did you know he was going to do that? >> we've known for at least two or three days it was likely he would come back. he wanted to spend time with the family and go to the marine base as a christmas tradition, to thank the troops for service. but they knew quickly after christhe would have to g back. the optics awoke horrible would be horrible if we go off the fiscal cliff. not just taxes but 2 million people unemployed are about to lose unemployment insurance if there's no deal. the final point is that ias prsing a white hou official a few moments ago. the president's going back tonight. what is on his agenda? what can he do differently that he couldn't do on the phone in hawaii and they're telling us they have nothing on the schedule. they don't know if he's going to bring republican and democratic leaders to the wh
now the president is on vacation in hawaii and there's been no progress. everyone went home for the holidays. >> i want toet this in. i have to ask, a lot of people were surprised the president announced he would come back from vacation. when did you know he was going to do that? >> we've known for at least two or three days it was likely he would come back. he wanted to spend time with the family and go to the marine base as a christmas tradition, to thank the troops for service....
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Dec 27, 2012
12/12
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the president is inding his hawaii have a -- ending his hawaii vacation early and returning tonight. >> wonderful to see all of you. merry christmas to everybody. >> reporter: congress is also coming back from a winter break tomorrow. and time is ticking down on the "fiscal cliff" clock. >> not likely to make a deal before the 1st. >> reporter: cbs 5 political analyst joe tuman says this is washington politics at its worst. >> the only thing that's going to force both sides to negotiate is going over the deadline. people will vote for it. they will be able to say exactly the opposite. >> reporter: in the meantime, consumers suffer. that's because we're about to take the plunge off the dairy cliff. a farm bill expires at the end of the year meaning the government reverts back to the 63-year-old pricing formula for milk and those costs are passed to you. nogallon of milk is about $3.50
the president is inding his hawaii have a -- ending his hawaii vacation early and returning tonight. >> wonderful to see all of you. merry christmas to everybody. >> reporter: congress is also coming back from a winter break tomorrow. and time is ticking down on the "fiscal cliff" clock. >> not likely to make a deal before the 1st. >> reporter: cbs 5 political analyst joe tuman says this is washington politics at its worst. >> the only thing that's going...